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Promises and Realities of Community-Based Agricultural Extension

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Community, Market and State in Development

Abstract

Economists have often neglected the role of the community as a third pillar in the economic system next to the state and the market. Yet in agricultural development, which is often thwarted by both market and state failures, the “community mechanism” has a particular and promising role to play. It is one of Yujiro Hayami’s unique contributions to the economics literature that he developed “a conceptual framework for economists” that emphasizes the role of communities and shows how the contested concept of social capital can be applied to analyze them from an economic perspective (Hayami, 2009). At the same time, Hayami is not a “community romanticist” — he is well aware that, just like states and markets, communities can also fail.

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Authors
  1. Gershon Feder
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  2. Jock R. Anderson
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  3. Regina Birner
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  4. Klaus Deininger
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Editor information

Keijiro Otsuka Kaliappa Kalirajan

Copyright information

© 2010 Gershon Feder, Jock R. Anderson, Regina Birner, and Klaus Deininger

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Feder, G., Anderson, J.R., Birner, R., Deininger, K. (2010). Promises and Realities of Community-Based Agricultural Extension. In: Otsuka, K., Kalirajan, K. (eds) Community, Market and State in Development. Palgrave Macmillan, London. https://doi.org/10.1057/9780230295018_12

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